Phillips 66 (PSX) Suffers a Larger Drop Than the General Market: Key Insights

Phillips 66 (PSX) closed at $131.78 in the latest trading session, marking a -6.88% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.24%. Elsewhere, the Dow lost 0.62%, while the tech-heavy Nasdaq added 0.23%. The oil refiner's shares have seen an increase of 3.56% over the last month, surpassing the Oils-Energy sector's loss of 1.72% and the S&P 500's gain of 1.31%.Market participants will be closely following the financial results of Phillips 66 in its upcoming rel ...